County Line Rd SFoster CityMI49834
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Foster City at County Line Rd S, Foster City, MI, 49834 uses $38,421 cash to close to unlock $1,740/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $909/mo, and a $567/mo payment keeps the spread at $145/mo. Purchase price stands at $115,900, and rental yield measures 9.41% with $909/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $32,021 over five years. Five-year ROI reaches 127.66% and total cumulative return in cash records $49,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $909/mo property income covering a $567/mo payment rather than investor’s personal income.
Single Family
Built in 1975
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49834, Foster City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 228 (40.4%) |
| Renter Occupied HU | 25 ( 4.4%) |
| Vacant Housing Units | 311 (55.1%) |
| Median Home Value | $197,368 |
| Average Home Value | $227,588 |
Housing Distribution
Address Breakdown
Residential
224
Single Family
224
Multi-Family
0
Businesses
4
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Listed by: DAVID GUNNELL • NORTHERN MICHIGAN LAND BROKERS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50164625
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.